Borrower builds one of largest books ◆ Prices off own curve, govvie-style ◆ Typical 2bp tightening, but fair value ‘very much on the move’ ...
German agency KfW ventured into the short end of the dollar curve on Tuesday to price $4bn of May 2029 bonds. “It was good to see a dollar deal out there, though there have been slightly different ...
Porsche Bank brought out an Austrian auto loan and lease ABS on Tuesday. It was one of three deals to go on screens on Tuesday, alongside trades from NewDay and Pepper. Austrian public ABS is ...
The performance of CEE bonds “hasn’t been much worse than the [JP Morgan EMBI] Index, which is fair”, said one emerging markets economist, who added that CEE does not face a repeat of the disastrous ...
Galderma shareholders EQT, ADIA and Auba launched a sale of 11.8% of the Swiss skincare company’s stock on Tuesday evening. Citi, Goldman Sachs, Jefferies, JP Morgan, Morgan Stanley and UBS are global ...
Spread 'hardly budged' despite recent volatility ◆ Premium and greenium estimated ◆ 'Sensationalised' nuclear energy concerns ...
First new covered bond since the end of February ◆ Deal shows investor preference for short-dated paper – RBC ◆ Issuer benefits from minimal exposure to Middle East, says banker ...
Financial institution bond issuance in euros slowed in February, with euro debt volumes down compared with January and the same point last year. New issue premiums on senior unsecured paper, which ...
Particularly challenging is AI’s potential to flip where strain shows. An AI-driven dislocation would primarily effect those working in jobs that can be automated — typically well paid work and in ...
UK specialist mortgage lender Pepper and UK credit card lender NewDay have ramped up sterling securitization issuance by announcing a second lien RMBS and a credit card ABS on Tuesday, respectively.
Emerging markets bond bankers and investors brushed off another decline in CEEMEA bond prices on Monday after oil prices shot ...
Buzzi Unicem, the Italian cement and construction aggregates company, is in the market to refinance a Schuldschein loan for ...